Sri Lanka’s new government has approved a proposal to conduct a feasibility study that looks to construct a naval base at the Hambantota port.
The Hambantota port, which was built using a Chinese loan of $316 million, faced criticism from the United National Party (UNP) for being underutilized, reports the New Indian Express.
Future Chinese investments in Sri Lanka have been put under review by the new government, with moves suggesting that they may be given the go ahead after an internal review.
Sri Lanka will reconsider 'Port City' (18 Jun 2015)
Sri Lanka denies Chinese claim Sirisena promised resumption of 'Port City' (27 Mar 2015)
Chinese company loses $380,000 per day due to Port City suspension (13 Mar 2015)
Sri Lankan President vows to strengthen ‘national security’ (28 Jan 2015)
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
